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Saturday, October 17, 2026
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Startups and Business

Startup and tech business news: funding rounds, big tech earnings, acquisitions and layoffs, from newsrooms worldwide.

Startups

Berkshire Hathaway puts another $330m into Bending Spoons

Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July.

Excerpt from The Next Web
The Next Web
Startups

Anduril opens a $1.3bn employee tender at a $90bn valuation

Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources.

Excerpt from The Next Web
The Next Web
Startups

JAMB’s Canadian ambition: A $20 ticket to a system parents fought to leave

JAMB plans to offer its entrance exam in Ottawa from 2027, using Nigeria’s diplomatic mission rather than building a new facility. But easier access to the test may not persuade diaspora families to choose Nigerian universities, where concerns about teaching quality, safety and reliability remain.

Excerpt from TechCabal
TechCabal
Startups

Visa Enables Round-the-Clock USDC Funding for Global Payments

Visa has launched USDC-based commercial funding for cross-border payouts through its Visa Direct service, with Inyo Global serving as its partner. The offering follows successful testing in 2025 and allows eligible businesses to prefund international payments using USDC.

Excerpt from Gadgets 360
Gadgets 360